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I b) Miele Inc. pays a constant $9.75 dividend on its stock. The company will maintain those dividend for the next 11 years and will

I b) Miele Inc. pays a constant $9.75 dividend on its stock. The company will maintain those dividend for the next 11 years and will then cease paying dividends forever. If the required return on this stock is 10%, what is the current share price

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